Tuesday, February 27, 2024 4:08:46 PM
The company is setting up for a reorganization which will include a 50 for 1 reverse split, which the market sold off on because retail almost always tends to get screwed on reverse splits in the OTC. My argument is this one is very different for a number of reason, including the post split o/s being a perfectly liquid 50 million range of shares, the chart being a dynamo and welcoming a massive breakout, and ultimately the company using the share restructuring to help them uplist to a better exchange. The pps was .0006 x .0007 when the r/s news hit and then came the selloff. We're almost back to that range now and that is the market's way of say oopsie daisies, we may have misjudged the news. Mark my words, this I believe is an absolute powder keg staring everyone in the face right here and now. By late spring I think we're at minimum testing .001 - .002 and gearing up for the takeoff from a 12 year base, which is essentially unheard of in the OTC.
Recent MIKP News
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